News Corp. strikes $50M-per-year AI licensing deal with Meta | Latest Tech News
News Corp. has struck a multiyear AI content licensing deal with Meta that pays The Post’s mum or dad company up to $50 million a 12 months.
The settlement — set to run at least three years — permits Meta to use copyrighted content from News Corp’s US and UK media properties, people acquainted with the matter told the Wall Street Journal.
The deal highlights the growing worth that technology corporations are putting on news content as they race to construct artificial-intelligence instruments.
News Corp., headed by CEO Robert Thomson, has struck an AI content licensing deal with Meta. Bloomberg via Getty Images
Meta has been signing comparable licensing agreements with publishers as it builds out its artificial intelligence merchandise, including offers with People Inc., USA Today, GWN and Fox News, according to the Journal.
Terms of those preparations weren’t disclosed.
A Meta spokesperson confirmed to The Post on Wednesday that the company reached an settlement with News Corp, “but I have nothing further to share at this time.”
News Corp CEO Robert Thomson hinted at extra agreements during a presentation Monday at the Morgan Stanley Technology, Media & Telecom Conference.
“We have one very public horizontal deal,” Thomson said, including the company is “at an advanced stage with other negotiations” and that “you won’t have too long to wait.”
Meta has been signing comparable licensing agreements with publishers as it builds out its artificial-intelligence merchandise, including offers with People Inc., USA Today, GWN and Fox News, according to the Journal.
The settlement — set to run at least three years — permits Meta to use copyrighted content from News Corp’s US and UK media properties. SOPA Images/LightRocket via Getty Images
Terms of those preparations weren’t disclosed.
“We’re beginning to offer a wider variety of real-time content on Meta AI — from global, breaking news to entertainment, lifestyle stories, and more,” the company said in a December weblog post saying its offers with other media entities.
“When you ask Meta AI news-related questions, you’ll now receive information and links that draw from more diverse content sources to help you discover timely and relevant content tailored to your interests.”
Last 12 months, Meta, headed by CEO Mark Zuckerberg, struck licensing offers with a number of media shops, including People Inc, USA Today and Fox News. REUTERS
Meta added: “We’ll continue to add new partnerships and explore new features to enhance the experience for the people who use our products.”
News Corp beforehand signed a content deal with OpenAI in 2024 that was anticipated to be value more than $250 million over 5 years, the Journal reported.
News organizations have taken a multipronged method to AI corporations — hanging licensing partnerships with some to receives a commission for their work while suing others they accuse of ripping off their content.
A Meta spokesperson confirmed to The Post on Wednesday that the company reached an settlement with News Corp, “but I have nothing further to share at this time.” AFP via Getty Images
Two of News Corp’s subsidiaries — The Journal’s mum or dad company Dow Jones and The Post — have sued AI startup Perplexity for copyright infringement.
Other publishers have also turned to the courts, including The New York Times, which has sued OpenAI and Microsoft for copyright infringement.
At the same time, the Times last 12 months signed an AI licensing settlement with Amazon that the Journal beforehand reported was value between $20 million and $25 million a 12 months.
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